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Contracts

Jul. 22, 2024

Jury awards $138M verdict against Bitcoin miner for non-circumvent breach

Marathon Digital Holdings was found to have violated its contract with the individual after failing to compensate him for providing information.

A federal court jury has unanimously ruled in favor of a man who provided proprietary information to a Bitcoin mining company before it reneged on their contract and cut him out of a deal, awarding him $138 million.

Plaintiff Michael Ho entered into an agreement with Marathon Patent Group, Inc., now Marathon Digital Holdings, Inc., to provide proprietary information about a large-scale energy supplier. Under the terms of the agreement, Marathon promised not to circumvent Ho by di...

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